Boise City city, Idaho Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Boise City city, Idaho rental market.
Boise City city, Idaho
Average Apartment Rent
$1,194
Y-o-Y Change in Apartment Rent
4.92%
Compared to a year ago, Boise City city, Idaho apartments have recorded a 4.92% rent increase.
Boise City city, Idaho |Median apartment rent trend
Boise City city, Idaho| Average apartment rent by city
Boise City city, Idaho | Apartment rent ranges
At 57.69%, apartments priced $1,000 - $1,500 represent the bulk of Boise City city, Idaho rentals, while condos priced $500 - $700 hold the lowest share of the market – 1.59%.
Boise City city, Idaho | Housing tenure
Renters take up 40% of Boise City city, Idaho real estate, occupying a total of 35,788 units, while homeowners live in 54,187 properties.
Median number of rooms of renter-occupied housing units
4.1
Renter Median household income
$34,968
Average household size of renter occupied-housing units
2.27
Rental vacancy rate
3%
Boise City city, Idaho | Renter-occupied housing units by no. of bedrooms
There are 14,935 rentals in Boise City city, Idaho with 2 beds making up the highest share of the market, at 42%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 527 units. Overall, the median number of rooms in Boise City city, Idaho homes for rent is 4.1.
Boise City city, Idaho |Renter-occupied units by age of householder
Most condos for rent in Boise City city, Idaho are occupied by residents in the 25 - 34 years age group (30%), followed by those in the 35 - 44 years age group (18%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 3%.
Boise City city, Idaho | Renter-occupied housing units by family type
Boise City city, Idaho | Renter-occupied housing units by the presence of own children
A total of 14,428 apartments for rent in Boise City city, Idaho, or 40% of all rentals are family households. Additionally, 25% of rental homes include children under the age of 18 – that’s 8,831 units. All in all, the median size of a renter-occupied household in Boise City city, Idaho is 2.27.
Boise City city, Idaho | Renter-occupied housing units by educational attainment
In terms of education, renters holding bachelor degrees or higher make up 30% of the rental market. In contrast, residents with less than a high school degree reside in 6% of the homes for rent in Boise City city, Idaho.
Boise City city, Idaho | Renter-occupied units by year structure built
The highest share of Boise City city, Idaho apartment rentals, namely 22% or 7,734 units, were built 1970 - 1979, followed by those built 1990 - 1999 (21%, 7,640 units), and the ones built 1980 - 1989 (17%, 6,033 units).
Boise City city, Idaho | Renter-occupied units by year householder moved in
Median year renter moved into unit2013
Most Boise City city, Idaho renters (45%) moved in 2010 to 2014, while only 2% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Boise City city, Idaho condos for rent is 2013.
Boise City city, Idaho | Renter-occupied housing units by vehicles available
When it comes to transportation options, 52% of Boise City city, Idaho renters have 1 vehicle available per household, 29% of them have 2 vehicles available, and 10% have no vehicle available.
Boise City city, Idaho | Means of transportation to work of householders living in renter-occupied housing units
Boise City city, Idaho |Geographical mobility in the past year for householders living in renter-occupies housing units
Boise City city, Idaho | Average apartment rent by zip codes
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Boise City city, Idaho apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
Average single family rent calculated from point2homes.com data.
Exceptions: Data sourced from U.S. Census Bureau; American Community Survey, 2018 American Community Survey 5-Year Estimates
